As we enter the holiday season and the final days of 2021, the Omaha Community Foundation is ready to assist you with your end of year giving and grantmaking.
In order to provide the best possible service for our donors, and ensure your year-end gifts qualify for a charitable income tax deduction in the 2021 tax year, please keep these important dates in mind. And as a reminder, please notify a member of the OCF team if you are making a donation of securities.
GIFTS INTO YOUR OCF FUND
Publicly Traded Securities—Gifts of publicly traded securities must be received into OCF brokerage accounts by 3 p.m. Friday, December 31. We encourage you to communicate with your broker about your gift plans, as many brokerage firms have their own year-end deadlines. As a general rule, we recommend that you initiate your gift at least 10 business days in advance of December 31. Before you initiate your gift, please contact a Donor Services team member who will provide you with the appropriate transfer instructions.
Complex Assets—Gifts of complex assets such as real estate, closely held business interests or stock, and legacy gifts should be discussed with a Donor Services team member within or before the early weeks of December to allow OCF’s Gift Acceptance Committee adequate time to review for approval and transfer by year-end.
Checks—Checks sent via the U.S. Postal Service (USPS) to OCF must be postmarked on or before Friday, December 31. Checks sent via carriers such as FedEx, UPS, and DHL must be physically received at the OCF office on or before Friday, December 31.
Wire and ACH—Wire and ACH transfers must be received into OCF bank accounts by Friday, December 31. We encourage you to communicate with your banker about your gift plans, as many banks have their own year-end deadlines.
Credit Cards—Online credit card contributions must be submitted on OCF’s website by 11:59 p.m. Friday, December 31 to ensure timely posting by the credit card company.
GRANT REQUESTS TO NONPROFITS FROM YOUR OCF FUND
Grant requests must be submitted to OCF either via DonorCentral or via e-mail by 5 p.m. Wednesday, December 29. The final day for processing grants to nonprofits in 2021 is Thursday, December 30. Please note that the timing of grants does not impact eligibility for a charitable income tax deduction.
The Omaha Community Foundation office will close at 5 p.m. December 31.
Please contact any member of our Donor Services team at (402) 342-3458 or firstname.lastname@example.org with any questions you may have. The entire OCF team is deeply appreciative of your generosity this year and every year. Thank you for your dedication to our community.